- Tether, the largest stablecoin issuer, added $700 million worth of Bitcoin to its reserves. 🚀

- CEO Paolo Ardoino addressed the FUD surrounding the USDT situation in Europe as the MiCA regulations come into effect on December 30, 2024.

- Tether moved 7,629 BTC from Bitfinex to its own reserve address, according to Arkham Intelligence data.

- The move is part of Tether’s strategy to diversify its portfolio. Ardoino emphasized that USDT is safe.